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9 Jan 2015
AUD/USD breaks into fresh weekly highs
FXStreet (Bali) - AUD/USD has popped up to print a new weekly high at 0.8138, following a softer-than-expected Australian retail sales, and ahead of Chinese CPI.
The next key level to the upside where offers should be stacked is found at 0.8145/50, level of intersection with a descending trendline coming off Dec 11 high. On the downside, immediate support lies now at 0.8120 and 0.81.
The next key level to the upside where offers should be stacked is found at 0.8145/50, level of intersection with a descending trendline coming off Dec 11 high. On the downside, immediate support lies now at 0.8120 and 0.81.